According to the WiseNews app, auto stocks rose collectively in the morning, as of the time of publication, Li Auto-W (02015) rose 6.19%, reported HKD74.65; Geely Auto (00175) rose 3.87%, reported HKD9.13; Leapmotor Auto(09863) rose 3.54%, reported HKD27.75; and NIO-SW (09866) rose 3.38%, reported HKD35.2.

In recent news, multiple new energy vehicle manufacturers have released their sales figures for June 2024. BYD's sales have surpassed 300,000 vehicles for the fourth consecutive month. Chongqing Sokon Industry Group's sales have exceeded 40,000 vehicles for the first time. Li Auto has once again achieved a delivery volume of 40,000 after a 4-month hiatus. Jike Brand has achieved a single-month delivery breakthrough of over 20,000 vehicles for the first time. NIO's delivery volume has doubled, reaching a historic high.

Oriental Securities pointed out that in the fierce price competition, it is expected that leading new energy vehicle companies with advantages in new energy technology and industrial chain will continue to expand their market share. In July, it will enter the period of semi-annual report disclosure, and some vehicle and component companies with strong competitiveness are worth paying attention to.